Our top priority is to bring North America back to profitability as quickly as possible.

We became aware of some of the erroneous classification, and as soon as we did, we moved to correct it. We are convinced that we have corrected the errors and that's reflected in all of our filings today.

We are well aware of our challenges and we have a well-thought-out strategy for improving our North American business.

We are focusing all our efforts on executing our North American turnaround plan. That report analyzes our recovery action in a hypothetical bankruptcy situation. GM is not in bankruptcy and we don't see that process as a winning strategy.

The EPA's greenhouse gas regulations, along with a host of other onerous regulations, are unnecessarily driving out conventional fuels as part of America's energy mix. The consequences are higher energy prices for families and a contraction of our nation's economic growth.

America is not like a blanket-one piece of unbroken cloth, the same color, the same texture, the same size. America is more like a quilt-many patches, many pieces, many colors, many sizes, all woven and held together by a common thread.